Public Laws

124th Legislature

Second Regular Session


Parts: A B C D E

Chapter 511

H.P. 1059 - L.D. 1510

PART B

Sec. B-1. 24-A MRSA §952-A, sub-§5  is enacted to read:

5 Applicability to health carriers.   A health carrier not otherwise subject to this section or section 993 shall file an actuarial opinion in accordance with the applicable National Association of Insurance Commissioners annual statement instructions. For purposes of this section, “health carrier” means an insurer, health maintenance organization, nonprofit corporation subject to Title 24 or fraternal benefit society that provides health insurance or comparable health benefits. This section and rules adopted pursuant to this section apply to health carriers to the extent that they specifically refer to health carriers or impose requirements that are consistent with and no more stringent than the annual statement instructions.

Sec. B-2. 24-A MRSA §994, sub-§1,  as enacted by PL 2007, c. 281, §2 and affected by §3, is amended to read:

1. Statement of actuarial opinion.   The statement of actuarial opinion under section 993, subsection 1 must be provided with the annual actuarial opinion statement under section 993, subsection 2 423 in accordance with the appropriate NAIC property and casualty annual statement instructions and is a public record subject to disclosure pursuant to Title 1, chapter 13.

Office of the Revisor of Statutes
State House, Room 108
Augusta, ME 04333